Dollex Agrotech Limited is engaged into the business of manufacturing & trading of sugar with power co-generation capabilities.
Dollex Agrotech plant is situated at Village Erai, Tehsil Badoni Khurd, Dist. Datia, Madhya Pradesh – 475686 have crushing capacity of 2500 TCD. The Company had received in-principle approval from department of Food & public distribution from Government of India for establishing distilleries of 200 KLPD capacity.
In addition to sugar, The company also produce and sell its by-products such as mollases, pressmud and bagasse. Further, Dollex Agrotech is engaged in power generation up to the captive power of 3 MW, comprising of 2 plants of 1.5 MW each.
Dollex Agrotech IPO – Details
| IPO Opening Date | 15 December 2022 |
| IPO Closing Date | 20 December 2022 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | ₹24.38 Crore |
| Fresh Issue | 49,68,000 shares |
| Offer for Sale | 20,00,000 shares |
| Face Value | ₹10 per equity share |
| IPO Price | ₹35 |
| Market Lot | 4000 Shares |
| Min Order | 4000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Skyline Financial Services Private Limited |
| Retail Shares Offered | 50% |
| NII (HNI) Shares Offered | 50% |
Dollex Agrotech IPO – Date Schedule
| IPO Open Date | 15 December 2022 |
| IPO Close Date | 20 December 2022 |
| Basis of Allotment Date | 23 December 2022 |
| Initiation of Refunds | 26 December 2022 |
| Credit of Shares to Demat Account | 27 December 2022 |
| IPO Listing Date | 28 December 2022 |
Dollex Agrotech IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 4000 | 1,40,000 |
| Maximum | 1 | 4000 | 1,40,000 |
Competitive Strengths
- Good track record;
- Government support to sugar industry;
- Leveraging the experience of company Promoters;
- Experienced management team and a motivated and efficient work force;
- Cordial relations with their consumers;
- Quality assurance and control.
Company Promoters
- Mr. Mehmood Khan
- Mrs. Munni Bee
Object Of The Issue
- Working capital requirement.
- General Corporate Purposes.
- Issue Expenses.
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax |
|---|---|---|---|
| 31 March 2020 | 25.90 | 24.57 | 0.57 |
| 31 March 2021 | 77.48 | 75.08 | 1.67 |
| 31 March 2022 | 79.62 | 75.37 | 3.26 |
| 30 June 2022 | 8.40 | 6.26 | 1.51 |
Dollex Agrotech IPO Promoter Holding
| Pre Issue Share Holding | 99.50% |
| Post Issue Share Holding | 71.69% |
Dollex Agrotech IPO Prospectus
Company Contact Information
| Dollex Agrotech Limited 205, Naroli Arcade 19/1, Manorama Ganj, Palasia Square Indore, Madhya Pradesh – 452001 Phone: +91 731 2495505 Email: info@dollex.in Website: www.dollex.inwww.dollex.in |
Dollex Agrotech IPO Registrar
| Skyline Financial Services Private Limited Skyline Financial Services Private Limited D-153A, 1st Floor, Okhla Industrial Area, Phase-I, New Delhi – 110020, India Tel: 011-40450193-197 Email: ipo@skylinerta.com Website: www.skylinerta.com |
Dollex Agrotech IPO Lead Manager(s)
| 1. Expert Global Consultants Private Limited |
Dollex Agrotech IPO FAQs
| What is Dollex Agrotech IPO? Dollex Agrotech IPO is a SME IPO. The issue is priced at ₹35 per equity share. The IPO is to be listed on NSE SME. |
| When Dollex Agrotech IPO will open? The IPO is to open on 15 December 2022 for NII and Retail Investors. |
| What is Dollex Agrotech IPO Investors Portion? The investors’ portion for NII-50%, and Retail 50%. |
| How to Dollex Agrotech IPO? You can apply Dollex Agrotech IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Dollex Agrotech IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Dollex Agrotech”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Dollex Agrotech IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Dollex Agrotech”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Dollex Agrotech IPO Size? Dollex Agrotech IPO size is ₹24.38 crores. |
| What is Dollex Agrotech IPO Price Band? Dollex Agrotech IPO Price Band is ₹35. |
| What is Dollex Agrotech IPO Minimum and Maximum Lot Size? The minimum bid is 4000 Shares with ₹1,40,000 amount while the maximum bid is 4000 shares with ₹1,40,000. |
| What is the Dollex Agrotech IPO Allotment Date? Dollex Agrotech IPO allotment date is 23 December 2022. |
| What is the Dollex Agrotech IPO Listing Date? Dollex Agrotech IPO listing date is 28 December 2022. The IPO is to list on NSE SME. |
